July 2023 Issue of Becker's Spine Review

Orthopedics & Spine Review

July 2023 Issue of Becker's Spine Review

ON THE COVER

The future of orthopedics in 1 word
Ten surgeons connected with Becker's to describe the future of orthopedics in one word.

OrthoIllinois, Rockford Spine Center integrate
OrthoIllinois, a division of OrthoMidwest, will integrate with Rockford (Ill.) Spine Center on June 1.

10 private equity giants behind the ASC industry
Private equity has seen a huge growth opportunity in the ASC industry and the specialties the facilities offer, including gastroenterology and ophthalmology.

Spine surgeon performs spinal fusion on 95-year-old patient
Vijay Yanamadala, MD, of Hartford (Conn.) HealthCare spoke with Becker's about a recent spine case he performed on an older patient.

Here's what 3 spine surgeons are doing to keep practice costs lean
Between inflation and rising costs and reimbursement woes facing physicians, many spine surgeons are strategizing to manage finances at their practices.

Where are the women in orthopedics?
The orthopedic industry is ever-changing, with new robots and surgical techniques seemingly always around the corner. But one aspect of this vibrant industry hasn't changed much since its conception — the lack of women in the operating rooms.

Spine surgeons on the screen: What entertainment gets right, wrong about the job
The words "medical drama" make many people think of Grey's Anatomy and its beloved neurosurgeon Dr. Derek Shepherd. Many shows on the big and small screens have tried to provide a glimpse into what spine surgeons and neurosurgeons do.

Why spine surgeons should make investing a 2nd 'microcareer'
Physicians are up against several financial challenges in 2023, including recession fears and inflation that is ruining savings and retirement plans for many Americans. 

SPINE

Good news, bad news for spine and orthopedic surgeons in 2023
Spine and orthopedic surgeons are seeing positive changes in the industry this year, but some challenges still remain.

Person of interest identified in neurosurgeon's death released from custody
A person of interest in the death of neurosurgeon Devon Hoover, MD, was released from custody, Detroit police said May 2.

2 pro golfers have orthopedic surgeries
Two pro golf stars underwent orthopedic surgeries in April.

Where are the women in orthopedics?
The orthopedic industry is ever-changing, with new robots and surgical techniques seemingly always around the corner. But one aspect of this vibrant industry hasn't changed much since its conception — the lack of women in the operating rooms.

Who is the best spine surgeon in the US? ChatGPT answers
ChatGPT, an artificial intelligence chatbot from OpenAI, has become popular for its practical and entertaining applications.

THOUGHT LEADERSHIP

The future of orthopedics in 1 word
Ten surgeons connected with Becker's to describe the future of orthopedics in one word.

Why spine surgeons should make investing a 2nd 'microcareer'
Physicians are up against several financial challenges in 2023, including recession fears and inflation that is ruining savings and retirement plans for many Americans.

Spine surgeons on the screen: What entertainment gets right, wrong about the job
The words "medical drama" make many people think of Grey's Anatomy and its beloved neurosurgeon Dr. Derek Shepherd. Many shows on the big and small screens have tried to provide a glimpse into what spine surgeons and neurosurgeons do.

Why Dr. Alexander Vaccaro is optimistic about the spine, orthopedic industries
Longer life expectancies, increased adoption of value-based care and the streamlining of practices are some of the reasons why Alexander Vaccaro, MD, PhD, says he is optimistic about the spine and orthopedic industries.

PRACTICE MANAGEMENT

Here's what 3 spine surgeons are doing to keep practice costs lean
Between inflation and rising costs and reimbursement woes facing physicians, many spine surgeons are strategizing to manage finances at their practices.

Rothman Orthopaedics partners with insurance brokerage firm
Philadelphia-based Rothman Orthopaedic Institute and Conner Strong & Bucklew, an insurance brokerage and employee benefits consulting firm are partnering to form Rothman Direct.

Virtua Health to acquire Reconstructive Orthopedics
Marlton, N.J.-based Virtua Health inked a deal to acquire Moorestown, N.J.-based Reconstructive Orthopedics, NJ Biz reported April 19.

Dr. Thomas Graham named 1st physician in chief of Lehigh Valley Orthopedic Institute
Lehigh Valley Orthopedic Institute in Allentown, Pa., appointed Thomas Graham, MD, as its first physician in chief.

Athens Orthopedic Clinic breaks ground on 23.6K-square-foot facility
Athens (Ga.) Orthopedic Clinic has broken ground on a 23,600-square-foot facility in Greensboro, Ga., according to a May 10 report from the Lake Oconee Breeze.

DEVICES & IMPLANTS

What's next for AI, augmented reality in orthopedics?
Six orthopedic surgeons connected with Becker's to discuss what is next for artificial intelligence and augmented reality in the orthopedic industry.

Medtronic set to cut jobs globally in effort to reduce spending
Medical device company Medtronic is planning to begin layoffs in an attempt to cut costs, according to an April 18 report by the Star Tribune.

ZimVie to lay off 5% of its workforce
Spine and bone solution manufacturer ZimVie plans to lay off 5 percent of its global workforce in 2023, according to data presented in its first quarter financial results.

Physician advocacy group warns against Neuralink trials
The Physicians Committee for Responsible Medicine on May 26 released a statement urging Elon Musk and his company Neuralink to pivot clinical trials for a brain implant.

ASC  

Behind Optum's physician acquisition strategy
UnitedHealth Group's Optum, parent company of ASC chain SCA Health, is on a spending spree, scooping up physician groups and expanding its portfolio.

10 private equity giants behind the ASC industry
Private equity has seen a huge growth opportunity in the ASC industry and the specialties the facilities offer, including gastroenterology and ophthalmology.

The healthcare disruptors scaring physicians
Six healthcare leaders recently joined Becker's to discuss the biggest disruptors concerning physicians.

HEALTHCARE NEWS

11 highest paid CEOs in healthcare
Pharmaceutical and health insurance CEOs were among the highest-paid executives of the largest U.S. companies in 2022, according to Equilar.

CVS, Amazon shutting down their health businesses
Amazon and CVS have been trying their hand at the healthcare industry for years, but not without fail —  the two healthcare disruptors recently announced that they would be shuttering some of their healthcare initiatives.

Who gets to go by 'Dr.'? 3 medical associations answer
Guidelines for education and clinical hours as well as testing on the pathway to licensure are clearly defined for physicians, nurse practitioners and physician associates.

Kaiser Permanente acquiring Geisinger to launch Risant Health
Oakland, Calif.-based Kaiser Permanente has agreed to acquire Geisinger Health in a deal that will make the Danville, Pa.-based health system the first to join Risant Health, a new nonprofit organization created by the Kaiser Foundation Hospitals.

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